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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry forhe report. >> trying to lay blame for stalled buet talks
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in...
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lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next >> british banking giant, hsbc agreed to pay a record dollars 1.9 billion to settle allegations it landerred money from mexican drug lords, and sanctions transactions from iran illegally. lenny brewer said that the scale of hsbc's operation was stunning. >> at least one occasion, hsbc instructed a bank in iran on how to format payment messages so that transactions would not be blocked or rejected by the united states. lou: brewer however also defended the decision to not prosecute the bank, he said. if authorities pressed charges hsbc would almost ce
lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is...
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Dec 12, 2012
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lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which inclus investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car i
lou: obama is serious about his ultimatum and demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is...
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toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb, that is contains flammable materials, a napalm-like thing. >> reporter: the move to recognize elements of the syrian opposition, brought to a rebuke from russian foreign minister whose government has backed negotiation between the syrian president al-assad and the opposition, given u.s. involvement in libya and iraq to bring down their dictators, analysts predict big divisions between the white house and the russians. >> they are determined to preserve their ties to -- >> reporter: while administration downplays the leadership role this leader shows gee add hists, -- jihaddists on the ground in syria, this man s
toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb,...
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the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lots of money for the corporations who create the cars, two, it can provide insight as to whether there's criminality. someone speeding down the road at 120-130 miles per hour -- neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're on, every place you're at, whether you have your
the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately,...
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we'll be talking with fox news middle east expert while ferris in washington institute fellow eric trager, and president obama back on the campaig trail continuing to successfully dress up his ultimatum on higher taxes as a republican decision rather than his own declaration. his staff organized a sit-down wi a middle class family today in virginia claiming congress is to blame p they fail to yield to his ultimatum. why is the mainstream liberal media ignoring the reality it's the president's ultimatum driving us to the fiscal cliff? chris and senior writer for the weekly standard, steven hayes the guests here tonight. we begin with the dictator trying to maintain command of the country using chemical weapons as a deterrent. fox news chief washington correspondent james rosen has the latest for us in this report. >> a regime helicopter captured in the skies in syria in a video unloads something, most likely, a defensive flair to detour antirebel runners, but that epitomizes the fear of which the serian people now live. rebel forces taking the flight to the assad regime inside the capital
we'll be talking with fox news middle east expert while ferris in washington institute fellow eric trager, and president obama back on the campaig trail continuing to successfully dress up his ultimatum on higher taxes as a republican decision rather than his own declaration. his staff organized a sit-down wi a middle class family today in virginia claiming congress is to blame p they fail to yield to his ultimatum. why is the mainstream liberal media ignoring the reality it's the president's...
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reexamine all of our major infrastructure in leist sandy and how to modernize it in order to protect it >> new york city mike bloomburg not mincing words linking sandep to global warming. rich, you are concerned that they will use it to spend money. >> ralm emmanuel had a famous phrase working with president obama. never let a crisis go to waste. how doou turn it in to a political advantage. anybody can go on google and ask the question of how much has the planet warmed up. 1.3 degrees faren heit and nothing since 1998 . so to blame sandy on global warming is a real stretch . >> also unseemly about talking about spending money and sandy victims are the cold now. >> goyce, all the mayor is saying. there is not a government conspiracy behind everything people do. he said we will have to rebuild in thereas that were destroy do it sensibly and as we have more storms that are being preprojected we'll not have to rebuild every time. i don't understand why you have objection. >> because the pime need all of our attenon and they are suffering in the cold because of sandy. we shouldn't be talking about
reexamine all of our major infrastructure in leist sandy and how to modernize it in order to protect it >> new york city mike bloomburg not mincing words linking sandep to global warming. rich, you are concerned that they will use it to spend money. >> ralm emmanuel had a famous phrase working with president obama. never let a crisis go to waste. how doou turn it in to a political advantage. anybody can go on google and ask the question of how much has the planet warmed up. 1.3...
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what role if any will obama play in the fight? you and alec baldwin aren't the only ones who get upset on a plane when it comes to turning off ur cell phone. a new battle underway. we're on the case next tracy: t tax man is coming back with a veeance. in 2013 regaress if wdrive off the fiscal cliff or not. it is force the nation's hardest workers believe itr not cough up more dough. the country's wealthiest put uncle sam competence fever. joining us now. the government made all his mistakes, so the really wealthy peoplean pay for it all. spk the whole point ist can fit the bill. we'll add $10 tllion of debt, doesn't obama taught no tax increases. we're talking cover the debt overhat time. it is not enough to prent a debt crisis down the line. tracy: we have seen it timand me again. thougthe ability to wealth if y have access to important pple. ey don't have to pataxes after all. >> people don't work as hard as ithey otherwise would have,on't take risks so don't get the growth have not raised taxes. i think that's what would happen
what role if any will obama play in the fight? you and alec baldwin aren't the only ones who get upset on a plane when it comes to turning off ur cell phone. a new battle underway. we're on the case next tracy: t tax man is coming back with a veeance. in 2013 regaress if wdrive off the fiscal cliff or not. it is force the nation's hardest workers believe itr not cough up more dough. the country's wealthiest put uncle sam competence fever. joining us now. the government made all his mistakes, so...
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Dec 10, 2012
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what role if any will obama play in the fight? you and alec baldwin aren't the only ones who get upset on a plane when it comes to turning off your cell phone. a new battle underway. we're on the case next on "the willis report." so now i can bin the scene. advair isclinicallyp signifantly improve lung function. unlike most copd medicions, advair contains both ananty and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms d should not be used more than twice a day. peop with copd takadvair may have a highechance of pneumonia. advair may increase your sk of osteoporosis and some eye problems. ll yr doctor if you have a het condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescripti fr ansave on refills at advaircopd.com. tracy: the tax man is coming back with a vengeance. in 2013 regardless
what role if any will obama play in the fight? you and alec baldwin aren't the only ones who get upset on a plane when it comes to turning off your cell phone. a new battle underway. we're on the case next on "the willis report." so now i can bin the scene. advair isclinicallyp signifantly improve lung function. unlike most copd medicions, advair contains both ananty and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace...
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fox news reports former republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting the highways over the holidays, just 400,000 people shy of the record set in 2006. we continue our count down to the closing bell with the woman who likes her politics the same hi way likes her martinis, shaken, not stirred. liz: no, a mojito, light on the rum, adam. get it right. >> you look like a vodka woman to me, i don't know. liz: never. can't deal with that. a rough year for jcpenney, but things changing. the stock popped, but now the stock is up more than 17% this week alone. nicole? >> what a run for a company that's been struggling, sales dwindle, less traffic, ron
fox news reports former republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93...
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>> good news tonight. he knowledg he had to make a concession that doesn't matter in the long run. it iall about t referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e ging support do you agree things are betterhan six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day u are the political expert , to go into michigan that frustrates the president ey just soldd a123 1/4 million taxpayer money and 13 union workers going ba to chrysler. it is the glory day. >> the campaign has never ended. the president said if i find any excuse to get outside of washington. >> it is one powerful exit. he wanted to stay there. >> if he was serious he would spend time burning e midnight oil. meeting with house speaker is great. but meat with the senate and there is no negotiation there. lou: i would give you a hint to the next question. why should we take either seri
>> good news tonight. he knowledg he had to make a concession that doesn't matter in the long run. it iall about t referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e ging support do you agree things are betterhan six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is...
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self-funded emperor, obama, assumed a new duty, gala vaunting around the country on our dime organizing and inciting labor riots rather than solving the fiscal cliff problem." we're going to put that up somewhere. another says, "congress should take a break and go home. every time they are in washington, we, the taxpayers, get screwed." tom says, "sounds like boehner is about to give president obama the store. good-bye, america. not quite." that's all for us. thanks for being with us. good night from new york. ♪ [bleep] >> you heard the lady in there. >> i ain't nobody. >> [inaudible] >> get out of my face. [bleep] back off. [bleep] [inaudible conversations] neil: you've seen it, you wonder about it. unions unhinged, and the guy they unhinged here tonight. fox on top of unions doubling down and in michigan. their supporters far from correcting them try commending them. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. there will be repercussions. neil: so you think we have another wisconsin on our hands? what have i told you?
self-funded emperor, obama, assumed a new duty, gala vaunting around the country on our dime organizing and inciting labor riots rather than solving the fiscal cliff problem." we're going to put that up somewhere. another says, "congress should take a break and go home. every time they are in washington, we, the taxpayers, get screwed." tom says, "sounds like boehner is about to give president obama the store. good-bye, america. not quite." that's all for us. thanks for...
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. >>> obama what? another state tells the federal government it'ssnot interested in that obamacare exchange, and some democrats appear to be rethinking obamacare altogether. we'll tell you all about it. >>> and america's superpower status, a shocking new report by our intelligence community warning that our power may be in decline. we'll be talking about our future as a superpower with the former director of national intelligence, john negroponte, next. ♪ [ male announcer ] how uld switchgrass in argentina, change engineering in dubai, aluminum production n south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global onomy. it'just one reason over 75% of our mutual funds at their 10-year lipperaverage. t. rowe price invest th confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lou: didn't states may lose the status of the superpower by
. >>> obama what? another state tells the federal government it'ssnot interested in that obamacare exchange, and some democrats appear to be rethinking obamacare altogether. we'll tell you all about it. >>> and america's superpower status, a shocking new report by our intelligence community warning that our power may be in decline. we'll be talking about our future as a superpower with the former director of national intelligence, john negroponte, next. ♪ [ male announcer ]...
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no new spending no new borrowing, draw a line in the sand, do what you were sent there to do. they are becoming enablering of obama -- they are becoming enablers obama is spending us into oblivion. stuart: if john boehner takes any questions, we will go back to it. we're going to concentrate on speaker boehner because he's the principal negotiator. i didn't make much of that and i don't think you did either. >> i was disappointed he didn't make a counteroffer or didn't say here's what we will do, here's what we will never do. stuart: should he be negotiating in front of the cameras? >> the president does it. stuart: what you are saying is do not cave on anything. right? i mean that's your position. >> not anything substantial. obviously you can compromise on things that are not substantial, but new taxes, new borrowing and new spending, that's substantial. stuart: would you be prepared to see republicans take the blame and they will get the blame if we fail to get an agreement and we go into recession? >> well, if they know how to deal with this properly, they so-called fiscal
no new spending no new borrowing, draw a line in the sand, do what you were sent there to do. they are becoming enablering of obama -- they are becoming enablers obama is spending us into oblivion. stuart: if john boehner takes any questions, we will go back to it. we're going to concentrate on speaker boehner because he's the principal negotiator. i didn't make much of that and i don't think you did either. >> i was disappointed he didn't make a counteroffer or didn't say here's what we...
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and now you're protected. ♪ stuart: new at 10:00, the obama administration keep on spending your money. $120 million for an electric battery research facility outside chicago. this from the san department of energy that brought you winners like solyndra. plus, a new obamacare rule has fast-food chain scrambling to comply. they have to put calorie counts on their menus, costing millions and millions of dollars. like domino's pizza. how can we do that? we have 303 million possible varieties of pizza. our thursday morning. those with the town of this year. charles, nicole petallides is there on the floor the new york stock exchange. the big board. 3 percent. that is the rate on 30 year fixed-rate mortgages. the dow is down 11. now this. apple, that is the stock of the day. i want to check it chemical, because i think it does come back, its $11 loss. >> reporter: at antelope. not too far off that unchains line. buying an apple back. not necessarily this morning. it looks like some people did that. stuart: down today, but not that much at this moment. i say this stock is down because people
and now you're protected. ♪ stuart: new at 10:00, the obama administration keep on spending your money. $120 million for an electric battery research facility outside chicago. this from the san department of energy that brought you winners like solyndra. plus, a new obamacare rule has fast-food chain scrambling to comply. they have to put calorie counts on their menus, costing millions and millions of dollars. like domino's pizza. how can we do that? we have 303 million possible varieties of...
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president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will it take to get the house in order? ask alex, research fellow at the american enterprise institute and former chief economist for the house ways and means committee. alex, here's the thing, it's tax on both plans. >> well, to do go to your opening remark, you're definitely right. the's a short term crisis where taxes are set to skyrocket on january 1st and long term challenges that can want be met with tax increases alone. mathematically impossible. we have health care spending growing faster than the overall economy. there's no tax policy that can rectify that situation. tracy: why spendi
president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will...
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it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? christmas wish list? have before copd... i tk my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fishn! symbicorts for copd including chronic bnchitis and emphysema. it should not be taken more an twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or hi blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whatever swims our way. as
it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? christmas wish list? have before copd... i tk my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort,...
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president obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. tracy: the future of our country hinging on our gridlocked congress. does that make you feel better? so far the fiscal plans p
president obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and...
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ed henry tried to get a comment from president obama himself. this is new video just in. spin it how are you doing, sir four that how are you feeling about a deal? optimistic? >> still in progress. dennis: lori rothman and adam shapiro will have more on those talks at the top of the hour. cheryl: washington state talking bucking the national foreclosure rate. the office it was for southern california. home sales volume was up 14% year over year. california governor gerri brown is not wasting any time. the 74-year-old governor is undergoing radiation treatment. his oncologist says his prognosis is -- that is your west coast minute. dennis: general orders is unveiling a new line of pickup trucks. jeff flock has the story. jeff: that is the new chevy silverado. it is the number one seller. it has these new engines and it. they will shut down four of the cylinders if you do not need all the power. saves on gas. very good. this harkens back to the old days. it was a loud unveiling. they flew up some rocks. it was kind of a cool thing. gm already has, 250,000 unsold pickup truc
ed henry tried to get a comment from president obama himself. this is new video just in. spin it how are you doing, sir four that how are you feeling about a deal? optimistic? >> still in progress. dennis: lori rothman and adam shapiro will have more on those talks at the top of the hour. cheryl: washington state talking bucking the national foreclosure rate. the office it was for southern california. home sales volume was up 14% year over year. california governor gerri brown is not...
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we have to go because we have breaking news right now. spokesman for house speaker john boehner has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aidesay this is an exchange of partia proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the houseepublicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process the closer our economy gets to the fiscal cliff. there is major business lobbyist out there telling us right now the discussions are focusing on process. how do to it. not necessarily substance. so there are no details on what these offers exactly state. they're not even really getting out on capitol hill right now. so we're still watching it to maintain. again you've got the exchange of partial offers
we have to go because we have breaking news right now. spokesman for house speaker john boehner has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aidesay this is an exchange of partia proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the houseepublicans say they have just sent to the...
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at any rate, there is good news on the topic. the u.s. poised to become energy independent over the next three decades, no kidding, by 2040. the reason? not obama's policies, no, crude oil production is rising fast to 7.5 million a day in 2019. natural gas is also booming and will continue booming through 202440. in just eight short years, it's 27% of total energy production in the country. that's all good news. more production, more independence from middle east countries that don't like us in the first place. if you are thinking about what about lily and lizzie? this is the golden eagle. we had one on the show. the species threatened by wind meals in california. the wings get caught in the wind wheels, and they did they are not protected because, well, presumably, wind energy is one of the pet causes of the administration. some species are more important than others. what we need to do is embrace the energy production we are doing which can make us self-sustaining and more powerful, and that is a good thing for lily, lizzie, the golden
at any rate, there is good news on the topic. the u.s. poised to become energy independent over the next three decades, no kidding, by 2040. the reason? not obama's policies, no, crude oil production is rising fast to 7.5 million a day in 2019. natural gas is also booming and will continue booming through 202440. in just eight short years, it's 27% of total energy production in the country. that's all good news. more production, more independence from middle east countries that don't like us in...
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stuart: new at 10:00, president obama wants to keep spending. ben wants to keep printing and the voters say please stop. new numbers on debt and what voters want to come out of any deal out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company: recovering investment banker. charles payne is here and nicole petallides always on the floor of the new york stock exchange. thursday morning, i will say it again, dead flat for the dow jones industrial average. and we have dead flat, the rate on 30 year mortgages from freddie mac actually it's down a tad, 3.32%. how's that for a 30 year? i've been saying this for weeks now, who would have thought. here's another number for you, the u.s. government spent 172 billion dollars more than it took in, during november alone. that means we're very likely headed for another trill
stuart: new at 10:00, president obama wants to keep spending. ben wants to keep printing and the voters say please stop. new numbers on debt and what voters want to come out of any deal out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company:...
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it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? we have the best of the best on "the willis report" coming up next can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is is trick to t my spot? [ male announcer break from the holiday stress. save on ground shipping at fedex office. heartburn symptoms causedelieve by acid reflux disease.y stress. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach condions may still exist. talk to your doctor about nexium. i have obligations. cute obligations, but obligatio.ming. i need to rethink th core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for e heart of your portfolio. find out why 9 out of 10 large professional investors choose ishare
it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? we have the best of the best on "the willis report" coming up next can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is is trick to t my spot? [ male announcer break from the holiday stress. save on ground shipping at fedex office. heartburn...
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his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,speciallthose whar or who may become pregnant, and chilen should avoid contact where axon is apapplied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctoror if they occu. tell your doctbout all medical conditions and medications. rious side effts could includ increaserisk of prostate cancer; worseninprostate symptoms; decreased sperm count; ankle, feet, or body swellg; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where plied, increased reblood cell count, headache, diarea, vomiting, and increase in psa. see your doctor, a
his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,speciallthose whar or who may become pregnant, and chilen should avoid contact where axon is apapplied as unexpected signs of...
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. >>> coming up next, the obamas lighted the national christmas tree. see how many trees are inside the white house. you will be astonished. ♪ - hi, i'm halle berry, and as a new mom, i can tell you that childhood is a magical time. but for children with diabetes, life is not quite so carefree. the barbara davis center for childhood diabetes is fighting hard to find a cure. know the signs: irritability, excessive urination, weight loss. if you have any of these signs, please call your doctor. early detection can save your life. give to save lives and reach for the cure. call now or log on to childrensdiabetesfoundation.or gerri: i you're planning to donate to charity for the holidays, stay tuned, up next year-end tips gei: americans are back using their credit cards now in record numbers. according tohe federal reserve, u.s. consumer borrowing hitting a record $2.7 trillion in october. that is up more than 14 dal billion month over month. they were using them to buy cars and attend schools. autos and student loans increased nearly $11 billion. >>> mov
. >>> coming up next, the obamas lighted the national christmas tree. see how many trees are inside the white house. you will be astonished. ♪ - hi, i'm halle berry, and as a new mom, i can tell you that childhood is a magical time. but for children with diabetes, life is not quite so carefree. the barbara davis center for childhood diabetes is fighting hard to find a cure. know the signs: irritability, excessive urination, weight loss. if you have any of these signs, please call...
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more news on this breaking news let's go to didn'tcratic congressman kurt schrader. thanks for joining us very timely. what do you think as we see speaker boehner coming to the white house to speak with president obama. what do you think will come out of this meeting? >> i hope some progress. as you indicated there has been precious little so far. they want to get the country back on a secure footing and get jobs growing in the country. hopefully they will be able to put together. sandra: congressman, its no longer differences between both parties right now. as late as today we're hearing there are difference within the parties themselves, whether republicans. by the way, this is live pictures of speaker boehner arriving at the white house right now. as we continue to watch that, sound like we have infighting within the parties themselves. whether it's the democrats caving on the spending side, on the entitlement side, or the republicans caving on the tax side. are you seeing that infighting in washington right now? >> well, infighting is probably a harsh word. if th
more news on this breaking news let's go to didn'tcratic congressman kurt schrader. thanks for joining us very timely. what do you think as we see speaker boehner coming to the white house to speak with president obama. what do you think will come out of this meeting? >> i hope some progress. as you indicated there has been precious little so far. they want to get the country back on a secure footing and get jobs growing in the country. hopefully they will be able to put together. sandra:...
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good night from new ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. toght no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a wayhrough this regardless of congress and the president. small-business owners in this country are preparing to hire. jo me now, chief u.s. economist for i may just pull one side. heart of america group founder, and meer of the jobs creation alliance and actual job creators in this country who say their voices not being heard in this office took with debate. also with us from the weekly standard, steven haze. welcome. great to have you here. i want to sart with the conversation in washington and what the speaker had to say about the status of the fiscal here is mr. boehner. >> this is in
good night from new ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. toght no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a...
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a new poll shows that 53% trust president obama to avoid the fiscal cliff compared to just 36% for republicans. let's bring in juan williams. he -- is it to make sure the republican take the blame for whatever happens? >> no. i will say this, the reason the president has been out campaigning is to amp up the politicallpressure on republicans and let them feel the heat from the public as a prospect that they would but taxes go up on everyone wheee there is a deal that would keep taxes down for 98% of the public. dagen: what about sticking to their guns? the president said he will not cut a deal without raising taxes on the wealthier americans. maybe they go off a little bit. is that a compromise that both sides would be willing to, well, eat? >> that is exactly the compromise that everyone around washington is discussing. the number that everyone is focusing on is the 37%. you also have, as part of that package, discussions about exactly how much, dagen, they would cut in terms of entitlement. dagen: secretary geithner caught in an interview that he gave this week, said that thee are absolutely
a new poll shows that 53% trust president obama to avoid the fiscal cliff compared to just 36% for republicans. let's bring in juan williams. he -- is it to make sure the republican take the blame for whatever happens? >> no. i will say this, the reason the president has been out campaigning is to amp up the politicallpressure on republicans and let them feel the heat from the public as a prospect that they would but taxes go up on everyone wheee there is a deal that would keep taxes down...
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should have those negotiations between boehner, reid, everybody foets harry reid is in the room and obama with c-span cameras there so every american can see what actual happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we wld a be in agony watchin what was happening there. >> you wouldn't have to watch the whole thing but somebody could tell you what happened. melissa: grover, tnks so much here is our "money" question of t day, should grover rquist give into tax hikes? many of you mentioned he is not elected official. we know what you mean. like us on facebook.co facebook.com/melissafrancisfox or fl neon twitter -- follow me on twitter at melissa a francis. detroit is the latest possibility of being latest and biggest city to file for chapter 9 bankruptcy. detroit mayor binge said the city will lay off 400 to 500 workers in the nexx few months. will take a lot more than that to keep the city from going broke. we're joined by michigan senator rick jones. thanks for joining me, nator, do yoo think if they
should have those negotiations between boehner, reid, everybody foets harry reid is in the room and obama with c-span cameras there so every american can see what actual happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we wld a be in agony watchin what was happening there. >> you wouldn't have to watch the whole thing but somebody could tell you what happened. melissa: grover, tnks so much here is our...
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now it is president obama. let's listen. >> we have emerged not yet where we need to be, but we certainly have made progress. the reason we have made progress in part is because of the outstanding management and productivity and gains and efficiencies that you have been able to achieve in each and every one of your companies. i have said this to some of the small groups, let me repeat it to the large groups, i am passionately rooting for your success. if the companies in this room are doing well, then, small businesses and medium size businesses up and down the chain are doing well. if companies in this room are doing well, then, folks get jobs, consumers get confidence and we will be able to compete around the world. now, the good news is, despite the extraordinary challenges we have seen over the last four years, there is progress in some key sectors of our economy. we have seen housing finally begin to bounce back for the first time. that has an enormous ripple effect throughout the economy. many of you, ove
now it is president obama. let's listen. >> we have emerged not yet where we need to be, but we certainly have made progress. the reason we have made progress in part is because of the outstanding management and productivity and gains and efficiencies that you have been able to achieve in each and every one of your companies. i have said this to some of the small groups, let me repeat it to the large groups, i am passionately rooting for your success. if the companies in this room are...
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, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are going to need, but as far as i can see, there has been no meaningful discussion at all on the spending side and as many america
, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of...
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republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving congress the week it needs to write, sell land pass any deal next week. aides say they are not close to a compromise. house majority leader eric cantor says republicans are prepared to work on this on the way up to the new year. cheryl: so much for christmas eve in eric cantor's household. thank you very much. much of the dismay of unions, michigan governor rick snyder has given the final stamp of approval and signed right to work legislation in that state. is making mich. the 24 right to work state. on the heels of the other states expect to follow suit. legislators and union
republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving...
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billion investment in new production as part of the president's visit. melissa: peter barnes, thank you so much. president obama and speaker john boehner are talking, signs of progress or more of the same? it worked in the white house, we're pleased to be joined by some economic writer for the "wall street journal." let's start with these comments from a republican from tennessee known to be reasonable suggesting increase the tax rates on the wealthiest 2% to move on and talk about entitlements getting a little it is realistic to see the deal that might alternately happen? >> hi, lori and melissa. do you think you wil you'll havw december 31? i think this thing will stretch out maybe a few hours before plunging off a cliff. lori: anybody who thinks it will be an easy newsday is mistaken. >> you and i talked about it a week or two ago the thing that is amazing is they are not getting closer, they're getting further apart. melissa: at me sitting there for their part? >> i think he is emboldened by the election returns obviously and emboldened by the polls
billion investment in new production as part of the president's visit. melissa: peter barnes, thank you so much. president obama and speaker john boehner are talking, signs of progress or more of the same? it worked in the white house, we're pleased to be joined by some economic writer for the "wall street journal." let's start with these comments from a republican from tennessee known to be reasonable suggesting increase the tax rates on the wealthiest 2% to move on and talk about...
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. >> president obama is pushing billions in new spending to spur the economy. back to you. cheryl: rich, thank you very much. dennis: merry christmas and happy hanukkah. six major banks announcing they will halt -- wells fargo, bank of america, citigroup, they say they will suspend foreclosure activity until the new year healthy defaulting borrowers remain in their home for the holidays. fannie mae and freddie mac, does governor god, were the first to announce this. these banks following suit. cheryl: they could go in there and get the foreclosures done now. they are waiting until the next year. dennis: it is probably good for their image business to do this. i like that rather than regulations forcing them to do things. cheryl: we are seeing a lot of short sales in the market. the home of the u.s. auto industry is shifting to a -- dennis: that is an incredible story. michigan's blow to the organized labor movement. adam shapiro and melissa francis are up next. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the s
. >> president obama is pushing billions in new spending to spur the economy. back to you. cheryl: rich, thank you very much. dennis: merry christmas and happy hanukkah. six major banks announcing they will halt -- wells fargo, bank of america, citigroup, they say they will suspend foreclosure activity until the new year healthy defaulting borrowers remain in their home for the holidays. fannie mae and freddie mac, does governor god, were the first to announce this. these banks following...
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to 50% in new york and california. belgium is now more attractive than america. got to shake your head at that. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. stuart: michigan will become a right to work states today and jeff flock is right in the middle of all the union protests that are going on right now. you are indeed in the middle of it. jeff: perhaps you hear the chants of kill the bill. i don't know that it is going to be possible to kill this bill unlike was in wisconsin when they had a shot from a legislator's to try to scuttle it. i don't think this is possible because already passed. what do you folks hope to accomplish today? >> voices heard. this fight is just beginning. the voice has got to be heard. jeff: what does that mean? what do you do next? >> we have to keep go
to 50% in new york and california. belgium is now more attractive than america. got to shake your head at that. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. stuart: michigan will become a right to work states today and jeff flock is right in the middle of...
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obama aides said the company will also announce $100 million new investment and production as part of the president visit. dagen and connell. dagen: thank you very much, peter. peter barnes in washington. connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not hav
obama aides said the company will also announce $100 million new investment and production as part of the president visit. dagen and connell. dagen: thank you very much, peter. peter barnes in washington. connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take...
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tracy: tough new talk on the fiscal cliff. why house speaker boehner says president obama is deliberately pushing the country over it. ashley: all right. first look how the dollar is moving right now as we finish another week of trading. a mixed bag but the euro, pulling back against the dollar, below that 1.30 mark. we'll be right back. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedheahcare, i gohelp that fit my life. information on my phone. connection to doctors o get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're re than ,000 people looking out for so i never more than 70t. million americans. that's health in numbers. unitedhealthcare. can. >> at 19 minutes past the hour i'm arthel neville with your fox news minute. reuters reporting protesters broke through military barricades outside the presidential palace in cairo, egypt. late yesterday defiant president morsi calling for a dialog
tracy: tough new talk on the fiscal cliff. why house speaker boehner says president obama is deliberately pushing the country over it. ashley: all right. first look how the dollar is moving right now as we finish another week of trading. a mixed bag but the euro, pulling back against the dollar, below that 1.30 mark. we'll be right back. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedheahcare, i gohelp...
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obama spent to serve as secretary of defense according to several democrats briefed on the process. the same sources telling fox news picture john kerry now been talked up within the administration as a more likely nominee for secretary of state over susan rice, current u.s. ambassador to the united nations. fox was reporting right is being talked up as a potential pick for national security advisor since that position would not require senate confirmation. late breaking news on the cabinet moves. gm unveiling new 2014 chevy silverado and gmc pickups hoping the new models will drive sales for the auto giant. jeff flock live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff lev
obama spent to serve as secretary of defense according to several democrats briefed on the process. the same sources telling fox news picture john kerry now been talked up within the administration as a more likely nominee for secretary of state over susan rice, current u.s. ambassador to the united nations. fox was reporting right is being talked up as a potential pick for national security advisor since that position would not require senate confirmation. late breaking news on the cabinet...
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president obama wants to keep on spending money. the national debt will keep on rising. judge andrew napolitano is joining us. he is the author of the new book, it is called "theodore and woodrow" that is not the full title. >> what page are you mentioned? stuart: i'm on page 278. is kirsten powers in the book? >> how come i'm not in the book? >> in my heart. >> ahh. stuart: you are so cute. how do you feel about this? we are going to raise taxes. we are going to keep on spending and we're going to ignore the debt. to me this goes beyond being an economic question. to me it's a moral question. >> it absolutely is a moral question. i don't know what the fed is going to announce today. none of us does. i don't know what the federal government is going to do with it. but if the fed is going to create money and put that money into the accounts of member banks, and those banks are going to use that money to buy bonds, that is the same thing as the fed sending a wheelbarrow over to the treasury. and when the fed does that, and then the president gets that money to spend, it lo
president obama wants to keep on spending money. the national debt will keep on rising. judge andrew napolitano is joining us. he is the author of the new book, it is called "theodore and woodrow" that is not the full title. >> what page are you mentioned? stuart: i'm on page 278. is kirsten powers in the book? >> how come i'm not in the book? >> in my heart. >> ahh. stuart: you are so cute. how do you feel about this? we are going to raise taxes. we are going...